By Jeff Vance - Startup 50
[Pages:47]By Jeff Vance
Big50-2019
Introduction: 50 Hottest Tech Startups of 2019
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About the Author
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How the Big50 Competition Works
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Big50-2019 Challenge Winners
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Big Exits: Big50 Alumni Had a Big Year
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Big50 Startups Raised $1B+ in VC Funding
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Big Data Startups Compete for Slice of $50B Market
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BINAH.AI
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CANVASS ANALYTICS
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DATAROBOT
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MAPVIDA
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TAMR
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Cloud Computing Startups Create a Hybrid Future
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APPORBIT
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HYPERGRID
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JETSTREAM SOFTWARE
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OPSRAMP
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PLATFORM9
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RANCHER LABS
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WEBSCALE
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YOTASCALE
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Cybersecurity Startups Confront Cold War 2.0
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AWAKE SECURITY
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CYBERINT
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ILLUMIO
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SIEMPLIFY
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VIRGIL SECURITY
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VIRTRU
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WALLARM
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XM CYBER
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Data Warehouse Startups tame Data Explosion
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ATSCALE
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SNOWFLAKE COMPUTING
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SQREAM
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YELLOWBRICK
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IoT Startups Target $1 Trillion Market Opportunity
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CRATE.IO
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EDGEWORX
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FALKONRY
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MEDIGATE
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PUBNUB
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PYCOM
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SWIM.AI
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THEATRO
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ZEDEDA
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Networking & Automation Startups Simplify through SaaS 37
128 TECHNOLOGY
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BIGPANDA
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CATO NETWORKS
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NYANSA
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PLURIBUS NETWORKS
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STREAMSETS
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VERSA NETWORKS
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Storage Startups Compete in heavily funded Space
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CLEARSKY DATA
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DATRIUM
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EXCELERO STORAGE
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FILECLOUD
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HEDVIG
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NGD SYSTEMS
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QUMULO
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WASABI TECHNOLOGIES
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WEKA.IO
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Big50-2019
INTRODUCTION: 50 HOTTEST TECH STARTUPS OF 2019
Welcome to the Big50 2019 Startup Report. The 50 startups featured below earned their way into this report through a combination of strong fundamentals (funding, team, named customers), market opportunity (current size, growth potential), and market niche (product-market fit, current demand).
This year the process took a long, winding path. More than 120 startups were nominated to participate in the Big50; another 55 startups earned byes deep into the competition by virtue of making the last report (2017). What was different this year is that Startup50 founder Jeff Vance invited another 250+ startups into the competition, ones that he initially evaluated for startup roundups he writes for Network World. To earn their way into the Big50, startups had to run a gauntlet of challenges that ranged from story pitches to concisely defining problems from a customer's POV to forecasting future trends. All told, the Startup50 team evaluated close to 400 startups to find 50 startups that have the right combination of attributes to compete in high-growth, cutthroat, tech-driven markets.
Add it all up, and the Big50-2019 was by far the toughest competition to date. Congratulations to the 50 startups that made it all the way through to the end!
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Big50-2019
ABOUT THE AUTHOR
Jeff Vance founded Startup50 in 2013 as a site that would hunt for signal within all of the noise and hype surrounding startups. The original idea was to come up with a process, one featuring rigorous competitions and challenges, that would strip away the spin and force startups to focus on what really matters: real people and the real-world problems they're struggling to overcome. Jeff has been covering tech startups for close to two decades, writing feature articles and startup roundups for Network World, CIO, Forbes, Wired, Computerworld, PCWorld, eWeek, and many others.
He previously served as Head of Marketing Strategy for Aryaka Networks. Clients for his content marketing and strategic consulting services have included Esri, Microsoft, IBM, Citrix, BigPanda, eEye (now BeyondTrust), Atheros (now Qualcomm), SailPoint, ScienceLogic, and others. Follow him on Twitter, @JWVance, or connect with him on LinkedIn.
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Big50-2019
HOW THE BIG50 COMPETITION WORKS
Startups that earned their way into our previous Big50, the Big50 2017, received byes past the first-round challenges, but they had to show my team they were meeting their milestones by raising money, rolling out new products or services, announcing new customer wins, and/or adding experienced talent to their leadership team. Several startups eligible for byes ended up moving on to bigger and better things, whether through acquisition or IPO (more on these startups in a moment). Startups fighting their way into this report for the first time had to complete indepth questionnaires that ask about the problems the startups solve, why those problems are a big deal, and why the startup is the right organization to solve this issue. That's only the first phase, however. We also sought out startups that had some combination of VC funding, named customers, and/or an experienced leadership team with a strong track record with startups. . . and successful exits. Startups that cleared all of those obstacles then faced a series of challenges designed to test product-market fit, message discipline, and their ability to parse trends in their market sectors. Visit to see how startups fared on past challenges and to watch future challenges play out in real time.
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Big50-2019
BIG50-2019 CHALLENGE WINNERS
The startups below earned their way into the Big50 by winning startup challenges. This doesn't mean they wouldn't have made it into the report otherwise. In fact, most of the challenge winners also have strong fundamentals, but by winning a challenge (or two), they guaranteed themselves a spot in the report. To read more about the challenges and the winning entries, visit .
Watch List Challenge Winners
In this challenge, startups new to the Big50 process pitched the Startup50 team on how their startups will help drive key trends in their industries.
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